- The Finance Minister presented the 2018 budget to parliament on Wednesday
- Government plans to create more jobs to address Ghana's graduate unemployment in 2018
The Finance Minister, Mr Ken Ofori-Atta has disclosed that the 2018 budget is comprehensive enough to create more jobs in addressing Ghana’s graduate unemployment situation.
According to the Minster, the 2018 budget will put Ghana back on economic stability which will open up the country to the massive job creation agenda.
Presenting the 2018 budget on the floor of Parliament on Wednesday, Mr Ken Ofori-Atta disclosed that the Akufo-Addo government has allocated GHC700 million for the Planting for Food and Jobs initiative programme which will boost the agricultural sector next year.
Ken Ofori-Atta added that under the government’s Stimulus Package for Industrialization Programme, the NPP has earmarked about GHC236 million to revamp the country’s production sector.
The minister also told parliament that, government has allocated GHC100 million under the Zongo Development Fund to pursue massive infrastructure development growth across Ghana’s deprived Zongo communities.
The Finance Minister in his address stated the NPP has also set aside some GHC1.26 billion for Development Authorities and another GHC50 million to cater for Entrepreneurship and Innovation.
Mr Ken Ofori Atta also mentioned government has also dedicated another GHC600 million for Akufo-Addo's planned national builders’ project, with another GHC200 million for the National Identity Card Programme.
The Finance Minister also revealed that government is making available another GHC2 billion funding, under Positioning Ghana as a Regional Financial Hub project, which consists of a multi-billion industry, integrated with bauxite and aluminum projects.
He added government has also allocated another GHC60 million under the Akufo-Addo Planned Economic Transportation Project, as well as other sophisticated construction projects which is set to be rolled out in 2018.
The minister in his address finally noted all the proposed projects will be fully rolled out next year which is aiming to create employment for many Ghanaian unemployed youth across the country.
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